Block 2 Flashcards
1
Q
Premium
A
amount patient pays for insurance policy (to insurance or through employer)
2
Q
Deductible
A
amount due by patient prior to insurance kicking in
3
Q
co insurance
A
percentage patient pays at time of visit
4
Q
co payment
A
set amount patient pays upon time of care
5
Q
Out of pocket maximum
A
amount patient pays until insurance covers 100% of services
6
Q
charge master
A
list of items provided codes with price amount per unit
7
Q
Types of government sponsored payment
A
Medicare
Medicaid
Tri-Care
VA
8
Q
Private Pay (out of pocket)
A
no rules as long as you only accept cash
